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, will probably be here working well past the year 2050 and probably, in today's environment, past the year 2060. our current retirement model is designed to give an employee a defined pension after a long career and it's a model that made a lot of sense in the 19 40's and 1950's but is not going to be appropriate for the 20 40's and the 20 50's. our world is becoming far so dynamic to make promises about pensions 40 and 50 years down the road. the benefit of a defined contribution system is that it gives employees options to consider. if job changes are possible, why hold people to benefits that they may not be able to use for 50 years? e're currently on a trajectory to hit about 400,000 career employees by the year 2017 and that's with all the changes we propose, the six to five day and the network changes as we shrink down. and after we reach that number, it's going to give us a pretty lean work force. we have a pretty lean work force right now from the standpoint of the network and the six-day delivery. but after that we will start hiring people. we estimate between 2017 and 2027, depending
and my being chair of the democratic party and protection of the environment, civil rights women's rights, gay rights economic justice, social justice, central america, anti-quandra, you name it. casey kason was there. i marched alongside of him in so many rallies, i can't tell you. he was a wonderful, wonderful guy. he is best known for top 40. once in a while, he moot lose his temper as he did when he was once asked to give a dedication to a little boy who lost -- whose dog had died and then he had to suddenly go from that into some up-beat song, and casey wasn't happy with what his producers had done to him. here he is. >> dear casey, this may seem to be a strange dedication request, but i am quite sincere, and it will mean a lot if you play it. recently, there was a death in our family. he was a little dog named snuggles but he was most certainly -- going to start again. i am coming out of the record. play the record please. >> not happy when you come out of those up-tempo numbers, it's impossible to make those transactions and go into somebody
is deeply troubling in an increasingly restrictive environment of civil liberties. this includes the measures with respect to registration as foreign agents and also restrictions on press and internet freedom. we made clear with human dialogue but we remain committed to open dialogue with civil seent supporting their efforts. >> i do a follow-up on that? >> sure. >> in the past -- i think the u.s. government has talked a lot about their concern of human rights abuse in chechnya. i'm wondering if you think the events in boston are going to change the way the government would see human rights in chechnya? >> with respect to the ongoing investigation in boston, i have to reiterate the secretary's comment that it would be highly norptse to make comments at this time. i can tell you this has been part of our human rights reporting on russia since 1995. you will find quite a bit of information on this year's report and they note serious human rights abuses taking place and human rights violations committed by authorities and militants. >> this is going to be the last question. >> you m
easily to $2 billion in savings. $4.5 billion and will be spent a day to operate in that environment. when in fact you cannot go on the street with the exception of the package delivery, which will be done with dynamic routing, with a lower-cost employee, whether in the rural craft or city craft and allow us to provide that service at a lower acroscost. that is all money that can come out of the system. if calculated in what we think is the revenue loss, and we have talked to customers to validate that. we are terms of that. that we clear something up. people say it is only $2 billion out of $20 billion. if we had it this year we would break even. this year we will lose $1.7 billion on the operating line. as revenue,-costs, with the exception of a worker's comp costs and pre funding. we would make money if we made the six to five move at the beginning of this year. what happens with a $20 billion of that gap exists when you do nothing over a five-year period, and with inflation that continues to grow. when people say it is only 10% of the cost differential, it is not, it would make u
Search Results 0 to 3 of about 4

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